Charts for 21st December, 2023 Expiry
Charts , Data
NIFTY 50
View :
At a new all time high, yet another landmark tested, 21,000 level. Volatility is anticipated.
Price action on daily time frame looks positive avoid shorting at all cost. Very Bullish.
At an unknown horizon, volatility is expected to remain.
Important Levels
- Resistance – 21,500 -21,600
- Support – 21,000 – 21,300
- No trading Zone – 21,400 -21,500
BANKNIFTY
View :
Price action is very bullish.
On daily time frame, there has been a strong buying after a dip and buying continues.
And even on a shorter time BANKNIFTY is a buy on dip.
Important Levels
- Resistance – 48,400 – 48,500
- Support – 47,950 – 48,000
- No trading – 48,400 – 48,500